Is Mount Morris, MI 48458 a buyer’s or seller’s market?
Mount Morris is a seller’s market. With about 3.6 months of supply and 26% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 55% of U.S. ZIP codes, and #333 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mount Morris housing market right now
In the three months ending August 31, 2026, 26% of homes in Mount Morris, MI 48458 sold above their list price, the typical home went under contract in 28 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 55 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold more slowly (22 days then) and the median sale price rose 31% to $169,827. Overall, Mount Morris is less competitive than a year ago, which gives buyers more room.
Within Genesee County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Mount Morris ranks #333 of 510 MI ZIP codes with enough sales (score 53 out of 100).
Nearby, buyers who want less competition could look at Flint 48502 (0% sold over asking) or Flint 48505 (6% sold over asking), while Atlas 48411 (100% sold over asking) and Montrose 48457 (64% sold over asking) are even more competitive.
Run the numbers for 48458
Nearby markets
Atlas 48411Buyer’s market $138 /sq ftBurton 48509Seller’s market $134 /sq ftBurton 48519Seller’s market $152 /sq ftBurton 48529Seller’s market $113 /sq ft Browse all markets →Towns like Mount Morris nearby
Find towns like Mount Morris in other states →Where Mount Morris is
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Questions about Mount Morris real estate
Is Mount Morris a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Mount Morris, MI 48458 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mount Morris?
The typical home went under contract in 28 days in the latest three months.
Do homes in Mount Morris sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Mount Morris?
About 1.36% of a home’s value a year in Genesee County, or roughly $5,440 on a $400,000 home.
What is the median home price in Mount Morris?
The median sale price was $169,827 in the three months ending August 31, 2026, about $113 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology